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National Association or Realtors
NAR's latest Commercial Real Estate Outlook offers overall projections for four major commercial sectors and analyzes quarterly data in the office, industrial, retail and multifamily markets.
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ICBR
A longtime player in regional and national commercial real estate is relaunching
as Resource Commercial Real Estate, becoming the largest independent commercial
real estate brokerage group in Central Indiana. The firm, which ended its affiliation with Colliers International, will now operate as a 100 percent locally-owned entity led by its existing executive team.
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Indianapolis Star
Nearly seven years after Indiana implemented property tax caps, new reports detail the winners and losers from one of the most major policy shifts in state history.
Among key findings: The caps saved property owners money, but in many cases, have hurt the fiscal health of some of the state's largest communities. The most affected are the state's older, industrial cities, while suburban communities, such as Carmel and Fishers, are faring better.
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Equities.com
It's a mixed bag for small businesses in Indiana.
On one hand, there's very little red tape, which experts say enables small businesses to get off the ground, expand and thrive. The rub, however, is that those businesses don't receive the lion's share of state-backed grants and tax credits, according to a recent national study.
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Inside Indiana Business
The commercial real estate services picture in Indianapolis is changing again. Canada-based Colliers International Group Inc. has acquired Summit Realty Group. Colliers says Summit will be the sole Colliers operation in Indianapolis. The deal follows DTZ's $2 billion acquisition of Cushman & Wakefield.
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Indiana Association of Realtors
You're invited to represent commercial real estate at the 2016 "Day at the Statehouse": Join ICBR at the IAR Legislative Conference on Feb. 1, 2016, to represent the commercial real estate industry. The registration fee is only $25, and provides a legislative update for the session, legislative meetings with your state representative and state senator, as well as a legislative networking reception. During this event, IAR will set aside a special room for commercial practitioners to meet with key legislators on issues relating specifically to commercial real estate.
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National Real Estate Investor
After a lull this summer, apartment investors returned to the table, closing a tremendous volume of deals in October alone.
Apartment experts have worried for some time that the high prices investors pay for apartments and the large number of transactions are unsustainable. But new buyers continue to be drawn to the multifamily space, attracted by the fundamental strength of the apartment business and high yields, at least compared to other investment options.
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Inside Indiana Business
Minneapolis-based Ryan Companies US Inc. has broken ground on a $40 million senior living development in northwest Indiana. Clarendale of Schererville will feature 177 units and is set to open in 2017.
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Join ICBR today!
The Indiana Commercial Board of REALTORS® is the only state-wide board in Indiana dedicated 100% to commercial real estate. ICBR delivers industry-specific educational opportunities, technology, tools and advocacy aimed at helping commercial real estate practitioners succeed as professionals.
Members of the Indiana Commercial Board of REALTORS® have access to a diverse network of more than 600 commercial real estate professionals serving the needs of commercial clients in aspects of brokerage, leasing, appraising, property management and development. ICBR believes 100 percent in your success! Find out more information about ICBR membership today, or contact the ICBR office via email or phone (317.328.5259) and mention this ad in Commercial Focus.
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